Data Center Investment News — 08/03/2024
AWS to Invest $5.7bn in Data Centers Across Two Continents; Encounters $4.7bn Delay in Third Region
Amazon Web Services (AWS) announces a significant investment of $5.7 billion in data center infrastructure across two continents, aiming to enhance its global cloud computing capabilities.
Once completed by 2026, the AWS cloud region will consist of three Availability Zones at launch, and provide customers in the Kingdom with low latency and high data transfer rates, whilst having their data stored locally, ensuring compliance with data sovereignty regulations.
However, the company also faces a $4.7 billion delay in the construction of data centers in a third region. Despite this setback, AWS remains committed to expanding its data center footprint to meet the increasing demand for cloud services worldwide.
BW Digital and Citramas Group Forge MoU for Joint Data Centre Development in Batam
BW Digital and Citramas Group sign a memorandum of understanding (MoU) to collaborate on the development of a joint data center project in Batam, Indonesia.
Ludovic Hutier, Chief Executive Officer of BW Digital said: “BW Digital is pleased to forge a strategic alliance with Citramas Group, underpinned by our shared vision to drive business success with best-in-class digital solutions for the fast-growing South East Asian economy. We hope to accelerate the growth of Nongsa Digital Park as an emerging hub for innovation and technology.
“This new step anchors BW Digital’s long-term vision to create a neutral and trusted digital ecosystem in the Asia-Pacific region, in tandem with the development of Hawaiki Nui, our new subsea cable, which will first connect South East Asia and Australasia”.
The partnership aims to leverage the strategic location of Batam to establish a state-of-the-art data center facility, catering to the growing demand for digital infrastructure in the region and supporting Indonesia’s digital economy growth.
DigitalBridge-Sponsored AtlasEdge Buys Austrian Data Centre
AtlasEdge, backed by DigitalBridge, acquires a data center in Austria as part of its strategic expansion efforts.
Giuliano Di Vitantonio, CEO, AtlasEdge, said: “We are very excited to be establishing a presence in Vienna, an attractive market characterised by significant demand for alternative data centre operators and ready-to-sell capacity.
“Closing this transaction is a testament to our ability to execute ambitious M&A on a pan-European scale. In addition to serving as a platform for the local market, this also acts as another catalyst for AtlasEdge’s expansion plans.”
The acquisition strengthens AtlasEdge’s presence in the European data center market and enhances its capacity to deliver reliable and efficient data services to businesses across the region, further solidifying its position as a key player in the industry.
Google Announces String of Data Centre Projects Across the Globe
Google unveils plans for a series of data center projects across various locations worldwide, signaling its continued investment in expanding its cloud infrastructure.
The tech giant has a pre-existing data centre in the municipality of Saint-Ghislain, where it has invested nearly €3 billion since 2010. This centre currently employs more than 400 individuals, contributing significantly to the local economy.
The new facilities in Farciennes will need to adhere to several environmental and mobility requirements set by the Walloon provincial government. By 2025, the energy consumed at the site should be 90% CO2 neutral, with the figure rising to 95% a few years later.
The projects aim to bolster Google’s data processing capabilities and support the growing demand for cloud services globally, positioning the company to better serve its customers and partners in diverse regions.
Bridge Data Centres Expands in Malaysia with Data Center in Cyberjaya
Bridge Data Centres expands its presence in Malaysia with the launch of a new data center facility in Cyberjaya.
Eric Fan, president of Bridge Data Centres, said: “Our ongoing expansion in Malaysia underscores our commitment to meeting the evolving needs of our customers and further solidifying our position as a key player in the data center industry.
“With this latest development in Cyberjaya, we are poised to continue driving innovation and supporting the digital transformation of businesses across the nation.”
The expansion reinforces Bridge Data Centres’ commitment to providing world-class data infrastructure in the region, catering to the growing demand for reliable and secure data services from businesses and organizations in Malaysia and beyond.
Microsoft to Build Data Center Campus on Former Power Station Site in North Yorkshire, UK
Microsoft announces plans to develop a data center campus on the site of a former power station in North Yorkshire, UK.
“Our proposals for a new data center will bring this former industrial site back into employment use,” Microsoft said in the presentation. “Currently the site is being cleared to prepare the area for development. Our proposals represent one plot of the wider site.”
This strategic move underscores Microsoft’s commitment to expanding its cloud infrastructure footprint in the region, aiming to meet the growing demand for cloud services while revitalizing the local economy through job creation and infrastructure development.
DCI Indonesia Data Center Up and Running in Downtown Jakarta
DCI Indonesia inaugurates its data center facility located in downtown Jakarta, marking a significant milestone in the company’s mission to provide advanced data solutions to businesses in Indonesia.
Ritsuo Fukadai is president director of one of those customers, PT Bank Jtrust Indonesia Tbk.
He said: “We chose E1 because DCI offers the best service quality and certification. We are pleased that our data center at E1 is already operational.”
The E1 data center has been built in collaboration with Indonesian conglomerate Salim Group. An 11-story facility, it offers 18MW of IT capacity across 30,000 sqm (322,920 sq ft) and can accommodate up to 4,000 racks.
The new data center is equipped with state-of-the-art infrastructure and offers reliable connectivity, security, and scalability to meet the evolving needs of customers in the region.
Keppel Tops Out Singapore Data Center
Keppel Data Centres achieves a significant milestone with the topping out of its data center facility in Singapore.
The six-story Keppel DC Singapore 8 has a net lettable area of approximately 100,882 sq ft (9,372 sqm) and is fully leased to clients from the cloud services, Internet, enterprise, and telecommunications sectors.
It is the second of three planned buildings on the Keppel Data Centre Campus at Genting Lane. The first phase of this facility is due to be ready for service in Q3 2024.
The completion of the construction phase underscores Keppel’s commitment to providing world-class data infrastructure solutions and reinforces Singapore’s position as a leading data hub in the Asia-Pacific region, catering to the increasing demand for digital services and connectivity.
Mitsubishi Corporation Makes First US Data Center Investment with $800m Dallas Deal
Mitsubishi Corporation enters the US data center market with its first investment, securing an $800 million deal in Dallas.
Mitsubishi Corporation and Digital Realty have formed a new joint venture to finance the building of two pre-leased data centers in Dallas, Texas. The two companies already have a joint venture through which they develop data centers in the Japanese market.
This strategic move reflects Mitsubishi’s commitment to diversifying its investment portfolio and tapping into the growing demand for data center infrastructure in the United States, positioning the company for long-term growth and expansion in the digital economy.
Digital Realty and Mitsubishi Open 34MW Data Center in Inzai City, Japan
Digital Realty and Mitsubishi Corporation celebrate the opening of their joint venture data center in Inzai City, Japan. With a capacity of 34MW, the facility strengthens Japan’s digital infrastructure, meeting the growing demand for reliable and scalable data center services in the region.
Digital Realty says it has built the facility to “meet the growing demand for scalable, flexible, and AI-ready data centers in the Tokyo metropolitan area.” The launch is a “significant milestone” for the company in Japan, according to Serene Nah, managing director and head of the Asia Pacific region at Digital Realty.
This collaboration highlights the strategic partnership between Digital Realty and Mitsubishi, combining expertise to deliver world-class data center solutions.